Search Results for keywords:"Housing and Urban Development"

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Search Results: keywords:"Housing and Urban Development"

  • Type:Notice
    Citation:89 FR 106551
    Reading Time:about 8 minutes

    The Department of Housing and Urban Development (HUD) is seeking public input on how to better enhance the resilience of residential properties to natural hazards and extreme weather. Rising property insurance premiums and reductions in coverage are causing challenges for homeowners and housing providers, affecting affordability and availability of housing. HUD wants to develop policies that boost property resilience and ensure access to affordable insurance. The request for information focuses on potential financial savings, effective resilience measures, and specific challenges faced by different housing sectors and communities, including Tribal and manufactured housing.

    Simple Explanation

    HUD is asking people for ideas on how to make homes stronger against wild weather and disasters because insurance is getting more expensive and harder to get. They want to know the best ways to keep homes safe and how to make sure everyone can afford insurance.

  • Type:Notice
    Citation:86 FR 3174
    Reading Time:about 4 minutes

    The Department of Housing and Urban Development (HUD) issued a notice to consolidate and update the delegation of authority for the Government National Mortgage Association (Ginnie Mae). The notice formally assigns authority from the HUD Secretary to Ginnie Mae's top executives, allowing them to manage Ginnie Mae's operations and programs, impose suspensions and debarments, authenticate documents, and use the HUD seal. The Ginnie Mae President specifically retains the authority to waive HUD regulations. This action supersedes previous delegations and ensures that Ginnie Mae executives can efficiently manage their responsibilities.

    Simple Explanation

    The government has given important bosses at Ginnie Mae, a company that deals with home loans, the power to make big decisions, like stopping people from doing business with them if they break the rules. But the document doesn’t explain how these bosses will be watched to make sure they use their power properly.

  • Type:Notice
    Citation:86 FR 6914
    Reading Time:about 2 minutes

    The Department of Housing and Urban Development (HUD) has sent a proposed information collection to the Office of Management and Budget (OMB) for review. This involves a request to extend approval for the "Mortgage Record Change" collection, which helps ensure HUD-approved mortgagees properly report mortgage sales or transfer of servicing responsibilities. The public is invited to comment on various aspects of the collection, such as its necessity, accuracy of burden estimates, and ways to improve its quality and reduce response burdens by February 24, 2021.

    Simple Explanation

    The Department of Housing and Urban Development (HUD) wants people to comment on their plan to keep track of when houses are sold or their payment services are changed. They are asking if this is important and if it can be done in a simpler way.

  • Type:Notice
    Citation:86 FR 4112
    Reading Time:about 3 minutes

    The Department of Housing and Urban Development (HUD) has sent a proposed information collection requirement to the Office of Management and Budget (OMB) for approval, as outlined under the Paperwork Reduction Act. This involves the HUD Loan Sale Bidder Qualification Statement, which gathers essential information from potential bidders on HUD Loan Sales. HUD is seeking public feedback on whether this information collection is necessary, its impact on respondents, and any suggestions for improvement. Comments are invited until February 16, 2021, and details on how to submit these are available for interested parties.

    Simple Explanation

    HUD wants to gather information about people who want to buy their loans and is checking with a group to ensure they're doing it right. They're asking people to share their thoughts about whether this is needed and if it's fair.

  • Type:Notice
    Citation:86 FR 3173
    Reading Time:about 3 minutes

    The Secretary of Housing and Urban Development has officially announced a new order of succession for the Government National Mortgage Association, also known as Ginnie Mae. This new order will determine who takes over if the Ginnie Mae President cannot perform the duties due to absence, disability, or a vacancy. The order lists specific officers who will step in, starting with the Principal Executive Vice President and followed by various Senior Vice Presidents. This announcement replaces the previous order of succession published in 2018.

    Simple Explanation

    The person in charge of a special group called Ginnie Mae, which helps people get homes, has set up a new list to decide who takes over if the boss can't workβ€”like if they're sick or the job is empty. This list replaces the one made a few years ago.

  • Type:Notice
    Citation:86 FR 4110
    Reading Time:about a minute or two

    On January 6, 2021, the Department of Housing and Urban Development (HUD) mistakenly published a notice in the Federal Register stating that $185,730,000 would be allocated for mitigation activities related to disaster recovery. The correct amount is actually $186,781,000. This notice issued on January 15, 2021, serves to correct that error. If anyone has questions regarding this correction, they can contact Aaron Santa Anna at HUD.

    Simple Explanation

    HUD made a mistake in how much money they said would be given for fixing problems caused by big disasters. They first said the amount was a bit less than it actually is, so now they are correcting it to the right number.

  • Type:Proposed Rule
    Citation:90 FR 4686
    Reading Time:about a minute or two

    The U.S. Department of Housing and Urban Development (HUD) has announced that it will not move forward with a proposed rule titled "Affirmatively Furthering Fair Housing" that was published on February 9, 2023. This rule was intended to reestablish a planning process and enforcement mechanism to ensure compliance with fair housing requirements. Instead, HUD has decided to withdraw this rule, meaning it will not become law, and it will be removed from the agency's Spring 2025 Unified Agenda of Regulatory and Deregulatory Actions. If HUD chooses to address this issue in the future, it will propose new rules following the standard regulatory procedures.

    Simple Explanation

    HUD decided not to go ahead with a plan to make sure everyone has a fair chance to find good homes, and they will not think about this plan again until they're ready with new ideas.

  • Type:Notice
    Citation:90 FR 1183
    Reading Time:about 5 minutes

    The Department of Housing and Urban Development (HUD) published a notice seeking public comments on a proposed information collection related to the evaluation of the Stepped and Tiered Rent Demonstration. This project involves 10 Public Housing Agencies testing new rent policies aimed at reducing administrative burdens and promoting self-sufficiency. HUD is collecting data and conducting interviews to assess the impact of these policies, with an estimated 84.25 annual burden hours and a total annual cost of $19,973.96. Public comments are invited to assess the necessity, burden, and methods of this information collection.

    Simple Explanation

    The Department of Housing and Urban Development (HUD) wants people's opinions on a project testing new ways to decide rent, hoping to make it easier for people to manage and help them become more independent. They're asking for feedback to understand if this project is actually helpful and worth the time and money it costs.

  • Type:Notice
    Citation:89 FR 99896
    Reading Time:about 3 minutes

    The Department of Housing and Urban Development (HUD) is asking for public feedback on its Energy Efficient Mortgage (EEM) Program. They are seeking approval from the Office of Management and Budget (OMB) for collecting information to determine if mortgages qualify for insurance under specific energy efficiency guidelines. HUD is interested in comments on whether the information collection is necessary, as well as suggestions to improve the process. Public comments are due by January 10, 2025.

    Simple Explanation

    HUD wants to know if people think their plan to help more houses be energy efficient is a good idea, and they want to hear ideas on how to make it better by January 10, 2025.

  • Type:Notice
    Citation:90 FR 2713
    Reading Time:about 3 minutes

    The Department of Housing and Urban Development (HUD) has announced a notice seeking public comment on a proposed information collection related to the Older Adult Home Modification Grant Program. This program provides grants for home modifications to help low-income elderly homeowners stay in their homes. HUD is evaluating how these grants are implemented and their impact on recipients. The public can submit comments on whether the information collection is necessary, its burden estimate, and suggestions to enhance its quality or minimize the burden on respondents.

    Simple Explanation

    The government wants to know what people think about its plan to help older people who need changes in their homes to stay safe and comfortable. They want to make sure the changes are helpful and not too tricky for everyone involved.

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